diff --git a/staging/operator-lifecycle-manager/pkg/controller/operators/catalog/operator_test.go b/staging/operator-lifecycle-manager/pkg/controller/operators/catalog/operator_test.go
index 8abd022d94..89892a926f 100644
--- a/staging/operator-lifecycle-manager/pkg/controller/operators/catalog/operator_test.go
+++ b/staging/operator-lifecycle-manager/pkg/controller/operators/catalog/operator_test.go
@@ -1039,6 +1039,7 @@ func TestSyncCatalogSources(t *testing.T) {
 			k8sObjs: []runtime.Object{
 				pod(*grpcCatalog),
 				service(grpcCatalog.GetName(), grpcCatalog.GetNamespace()),
+				serviceAccount(grpcCatalog.GetName(), grpcCatalog.GetNamespace(), "", objectReference("init secret")),
 			},
 			existingSources: []sourceAddress{
 				{
diff --git a/staging/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc.go b/staging/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc.go
index 145d29bce7..fcda040d91 100644
--- a/staging/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc.go
+++ b/staging/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc.go
@@ -146,6 +146,16 @@ func (c *GrpcRegistryReconciler) currentService(source grpcCatalogSourceDecorato
 	return service
 }
 
+func (c *GrpcRegistryReconciler) currentServiceAccount(source grpcCatalogSourceDecorator) *corev1.ServiceAccount {
+	serviceAccountName := source.ServiceAccount().GetName()
+	serviceAccount, err := c.Lister.CoreV1().ServiceAccountLister().ServiceAccounts(source.GetNamespace()).Get(serviceAccountName)
+	if err != nil {
+		logrus.WithField("service", serviceAccount).Debug("couldn't find service in cache")
+		return nil
+	}
+	return serviceAccount
+}
+
 func (c *GrpcRegistryReconciler) currentPods(source grpcCatalogSourceDecorator) []*corev1.Pod {
 	pods, err := c.Lister.CoreV1().PodLister().Pods(source.GetNamespace()).List(source.Selector())
 	if err != nil {
@@ -441,7 +451,7 @@ func (c *GrpcRegistryReconciler) CheckRegistryServer(catalogSource *v1alpha1.Cat
 	// Check on registry resources
 	// TODO: add gRPC health check
 	if len(c.currentPodsWithCorrectImageAndSpec(source, source.ServiceAccount().GetName())) < 1 ||
-		c.currentService(source) == nil {
+		c.currentService(source) == nil || c.currentServiceAccount(source) == nil {
 		healthy = false
 		return
 	}
diff --git a/staging/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc_test.go b/staging/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc_test.go
index 6ac3406487..674e0e5746 100644
--- a/staging/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc_test.go
+++ b/staging/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc_test.go
@@ -485,6 +485,18 @@ func TestGrpcRegistryChecker(t *testing.T) {
 				healthy: false,
 			},
 		},
+		{
+			testName: "Grpc/ExistingRegistry/Image/BadServiceAccount",
+			in: in{
+				cluster: cluster{
+					k8sObjs: modifyObjName(objectsForCatalogSource(validGrpcCatalogSource("test-img", "")), &corev1.ServiceAccount{}, "badName"),
+				},
+				catsrc: validGrpcCatalogSource("test-img", ""),
+			},
+			out: out{
+				healthy: false,
+			},
+		},
 		{
 			testName: "Grpc/ExistingRegistry/Image/BadPod",
 			in: in{
diff --git a/vendor/github.com/operator-framework/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc.go b/vendor/github.com/operator-framework/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc.go
index 145d29bce7..fcda040d91 100644
--- a/vendor/github.com/operator-framework/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc.go
+++ b/vendor/github.com/operator-framework/operator-lifecycle-manager/pkg/controller/registry/reconciler/grpc.go
@@ -146,6 +146,16 @@ func (c *GrpcRegistryReconciler) currentService(source grpcCatalogSourceDecorato
 	return service
 }
 
+func (c *GrpcRegistryReconciler) currentServiceAccount(source grpcCatalogSourceDecorator) *corev1.ServiceAccount {
+	serviceAccountName := source.ServiceAccount().GetName()
+	serviceAccount, err := c.Lister.CoreV1().ServiceAccountLister().ServiceAccounts(source.GetNamespace()).Get(serviceAccountName)
+	if err != nil {
+		logrus.WithField("service", serviceAccount).Debug("couldn't find service in cache")
+		return nil
+	}
+	return serviceAccount
+}
+
 func (c *GrpcRegistryReconciler) currentPods(source grpcCatalogSourceDecorator) []*corev1.Pod {
 	pods, err := c.Lister.CoreV1().PodLister().Pods(source.GetNamespace()).List(source.Selector())
 	if err != nil {
@@ -441,7 +451,7 @@ func (c *GrpcRegistryReconciler) CheckRegistryServer(catalogSource *v1alpha1.Cat
 	// Check on registry resources
 	// TODO: add gRPC health check
 	if len(c.currentPodsWithCorrectImageAndSpec(source, source.ServiceAccount().GetName())) < 1 ||
-		c.currentService(source) == nil {
+		c.currentService(source) == nil || c.currentServiceAccount(source) == nil {
 		healthy = false
 		return
 	}